Funding round
MasterClass Series D
MasterClass, which works in online education services in San Francisco, raised $80M in a Series D round announced on 1 Sep 2018, led by Institutional Venture Partners. 1 firm took part. It is MasterClass' fifth venture round on record; the one before was a Series C in Mar 2017.
$80M
Amount raised
Not disclosed
Post-money valuation
1
Investors
1 lead
Valuation
What this round says about the price
MasterClass did not disclose a valuation in this round. It came 18 months after MasterClass' Series C. It is 17% of the $461M MasterClass has raised in the venture rounds on record. MasterClass raised again 20 months later: a Series E round of $100M in May 2020, at $800M post-money.
MasterClass' funding rounds
MasterClass has 7 venture rounds on record. This one is highlighted.
- Seed 1 Jan 2014, led by Harrison Metal $1.9M
- Series A 1 Jan 2015, led by Javelin Venture Partners $4.5M
- Series B 23 Feb 2016, led by New Enterprise Associates $15M
- Series C 28 Mar 2017, led by Institutional Venture Partners $35M
- Series D this round 1 Sep 2018, led by Institutional Venture Partners $80M
- Series E 20 May 2020, led by Fidelity Management & Research Company and Fidelity $100M$800M post-money
- Series F 13 May 2021, led by Fidelity Management & Research Company $225M$2.75B post-money
Investors
Who put money in
Institutional Venture Partners led the round.
Lead investor
- Institutional Venture Partners backs 109 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time, other companies' Series D rounds in Learning, Tutoring & Courses:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Zuoyebang Learning, Tutoring & Courses | 18 Jul 2018 | $350M | not disclosed | Coatue |
| Learning, Tutoring & Courses | 1 May 2019 | $150M | $1.00B | Alibaba Group |
| Learning, Tutoring & Courses | 26 Jun 2019 | $50M | $230M | Steadview Capital |
| Learning, Tutoring & Courses | 26 Aug 2019 | $85M | not disclosed | GGV Capital and KKR |
Questions
Frequently asked
How much did MasterClass raise in its Series D round?
MasterClass raised $80M in its Series D round, announced in Sep 2018.
Who led MasterClass' Series D round?
Institutional Venture Partners led it.
What was MasterClass' valuation at the Series D round?
It was not disclosed.
Did MasterClass raise again after this round?
Yes: a Series E round in May 2020 of $100M at $800M post-money.